Tech Company Financing Transactions

Akhetonics Funding Round

Matterwave Ventures, 468 Capital and Bayern Kapital participated in a $6.3 million funding round for Akhetonics. The round was announced on 11/29/2024.

Transaction Overview

Company Name
Announced On
11/29/2024
Transaction Type
Venture Equity
Amount
$6,300,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to deliver their hardware to pilot customers as the demand for higher performance and energy-efficient computing intensifies.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Akazienstr. 3a
Berlin, 10823
Germany
Phone
Undisclosed
Email Address
Overview
Akhetonics is creating the world's first all-optical XPU, a cross-domain processor for general-purpose, ultra-low power, high-performance computing and AI. With our in-house developed photonic design automation tools and all-optical control flow we created a new platform, beyond the typical von Neumann architecture, designed specifically for photonics. We do this by uniquely combining the best of optical digital computing with optical analog computing and optical quantum computing. Furthermore, our photonic processors are created using a purely European supply chain, from fabrication to packaging, allowing for an unmatched security in the high-performance computing domain.
Profile
Akhetonics LinkedIn Company Profile
Social Media
Akhetonics Company Twitter Account
Company News
Akhetonics News
Facebook
Akhetonics on Facebook
YouTube
Akhetonics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Kissner
  Michael Kissner LinkedIn Profile  Michael Kissner Twitter Account  Michael Kissner News  Michael Kissner on Facebook
Chief Technical Officer
Leonardo Del Bino
  Leonardo Del Bino LinkedIn Profile  Leonardo Del Bino Twitter Account  Leonardo Del Bino News  Leonardo Del Bino on Facebook
VP - Human Resources
Sophia Chay
  Sophia Chay LinkedIn Profile  Sophia Chay Twitter Account  Sophia Chay News  Sophia Chay on Facebook


 

 

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Prev: 11/29/2024: Tembo venture capital transaction
Next: 11/29/2024: Laennec AI venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 


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